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Direct Parent PLUS Loan for Parents of Dependent Students Form

Direct Parent PLUS Loan for Parents of Dependent Students Form

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the parent plus loan is an interesting one um because essentially as long as you fill out the forms you you are eligible but the way that it works is essentially says is let's say the school costs 50 000 and they give you an aid package that includes some scholarships maybe some other loans and grants of twenty five thousand so you have a remaining uh unmet cost of twenty five thousand dollars the parent plus loan can meet the whole 25 000 of unmet costs from the school so the the the caution like if you hear parent plus or you see it like think caution caution caution because they the the easy thing to do is to click that button take that 25 000 loan and just forget about it until they're done and graduate and if you think about that you're going to wake up with a hundred thousand dollars in student loans if you do that for four years they've made it i think way too easy and if you look at the interest rate there 7.54 with a high origination fee you&

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